The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Good Sign:
Altman Z-score of 13.04 is strong.
Alef Education Holding has a Altman Z-Score of 13.04, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for Alef Education Holding's Altman Z-Score or its related term are showing as below:
ADX:ALEFEDT'
s Altman Z-Score Range Over the Past 10 Years
Min: 13.04 Med: 29.32 Max: 57.57
Current: 13.04
During the past 5 years, Alef Education Holding's highest Altman Z-Score was 57.57. The lowest was 13.04. And the median was 29.32.
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
Altman Z-Score does not apply to financial companies.
Alef Education Holding Altman Z-Score Related Terms
Alef Education Holding Altman Z-Score Historical Data
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The historical data trend for Alef Education Holding's Altman Z-Score can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ADX:ALEFEDT vs EDU, TAL, GHC: Altman Z-Score Comparison
For the Education & Training Services subindustry, Alef Education Holding's Altman Z-Score, along with its competitors' market caps and Altman Z-Score data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Alef Education Holding Altman Z-Score vs Education Industry
For the Education industry and Consumer Defensive sector, Alef Education Holding's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Alef Education Holding's Altman Z-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.
Alef Education Holding (ADX:ALEFEDT) has a Altman Z-Score of 13.04 as of Jul. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Alef Education Holding and its competitors. This is 56% below median its historical median of 29.32. Over the past decade, Alef Education Holding's Altman Z-Score has ranged from 13.04 to 57.57.
Is Alef Education Holding's Altman Z-Score too high?
Alef Education Holding's current Altman Z-Score of 13.04 is 56% below median its 10-year median of 29.32. Over the past 10 years, this metric has ranged from a low of 13.04 to a high of 57.57. The Education industry median Altman Z-Score is 2.31. Alef Education Holding's value of 13.04 is 464.5% above this industry median. Overall, Alef Education Holding has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Alef Education Holding's Altman Z-Score compare to EDU and TAL?
Alef Education Holding's Altman Z-Score of 13.04 can be compared against companies in the Education industry. The industry median Altman Z-Score is 2.31. Alef Education Holding's value of 13.04 is 464.5% above this benchmark. Historically, Alef Education Holding's own Altman Z-Score has ranged from 13.04 to 57.57 over the past decade. While the company's 10-year median is 29.32 vs. the industry median of 2.31, Alef Education Holding has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z-Score for an Education company?
The median Altman Z-Score among Education companies is 2.31, based on 249 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alef Education Holding's current Altman Z-Score of 13.04 is 464.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Alef Education Holding and its competitors. For the Education industry, the median Altman Z-Score is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alef Education Holding's current Altman Z-Score is 13.04, which is 56% below median its own 10-year median of 29.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alef Education Holding stock overvalued right now?
Alef Education Holding (ADX:ALEFEDT) has a current Altman Z-Score of 13.04. The current Altman Z-Score is 13.04, which is 56% below median its 10-year median of 29.32 and 464.5% above the Education industry median of 2.31. Alef Education Holding's overall GF Score™ is 38/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Alef Education Holding (ADX:ALEFEDT), the current Altman Z-Score is 13.04 as of Jul. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Alef Education Holding Plc engages in consulting and research and development in the field of technology education, institute training and development of teachers, educational facilities management, training on the development of personal competencies, educational consultancy, administrative support training services, computer systems and software designing and information technology consultancy in the United Arab Emirates. The company's segments include Education solution segment which provides customers the right of access to the group's learning platform; and Support and services segment includes ancillary services such as IT infrastructure set up and maintenance support and services. The majority of the revenue is derived from the Education solution segment.
38GF Score
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